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First Graphene Ltd ( (AU:FGR) ) has shared an announcement.
First Graphene Limited has entered into a multi-year agreement with Indonesian manufacturer PT Alasmas Berkat Utama to supply PureGRAPH® for the production of graphene-enhanced safety boots under the KRUSHERS® brand. This exclusive deal, aimed at the Southeast Asia mining industry, involves the supply of approximately 2.5 tonnes of PureGRAPH® 10 masterbatch over two years, enhancing the durability and lifespan of safety footwear. The collaboration with PT Alasmas Berkat Utama and strategic partner Duromer highlights First Graphene’s expanding influence in the global apparel market, driven by increased demand for durable safety wear. The agreement is expected to bolster First Graphene’s industry positioning by showcasing the benefits of graphene in improving workwear resilience in harsh conditions.
More about First Graphene Ltd
First Graphene Limited operates in the advanced materials industry, focusing on the development and supply of graphene products. The company is known for its PureGRAPH® product line, which enhances the durability and performance of various materials, and has a growing presence in the global apparel industry.
Average Trading Volume: 467,451
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$30.7M
For a thorough assessment of FGR stock, go to TipRanks’ Stock Analysis page.